Marsa Al Arab Tower: Sharjah Waterfront Apartments from AED 1.35 Million
Marsa Al Arab Tower is a residential apartment project by Almajid Investments Group in Al Khan, Sharjah. The project offers 2-bedroom and 3-bedroom apartments, with construction recently started in August 2026 and handover scheduled for June 2028.
Al Khan: Sharjah's Waterfront Address
Al Khan sits on Sharjah's western coast, along the Khalid Lagoon. The district is one of Sharjah's more established residential zones, with direct access to Al Khan Beach and proximity to the Al Khan Lagoon walkways. For daily life, residents can reach central Sharjah in under 10 minutes by car. Dubai's Deira and the broader Dubai Creek corridor are roughly 20 to 25 minutes away, making this a realistic base for professionals working across both emirates.
What AED 1.35 Million to AED 2.24 Million Buys You Here
The price range spans AED 1,350,000 to AED 2,240,000, a spread explained entirely by unit size and bedroom count rather than any tier difference in finish or floor level.
The 2-bedroom units come in two sizes: 1,859 sq ft and 2,027 sq ft, both starting at AED 1.35 million. At this entry point, the price per square foot sits at around AED 726 to AED 790, which is competitive for a waterfront-adjacent location in Sharjah.
The 3-bedroom units run to 3,322 sq ft and start at AED 2.24 million, working out to roughly AED 674 per square foot. Larger units tend to yield a lower per-square-foot cost, and the 3BR here offers genuinely large floor plates by UAE standards.
The buyer at the low end is likely an owner-occupier or buy-to-let investor targeting the mid-tier Sharjah rental market. The 3BR buyer is either a family sizing up from a smaller apartment or an investor targeting the upper band of Sharjah's apartment rental pool.
Apartment Sizes and Layouts
The project delivers apartments in four layout types across two bedroom configurations. All units are apartments. Sizes range from 1,859 sq ft on the smaller 2BR units to 3,322 sq ft on the 3BR, which places them in the larger segment of Sharjah's mid-market supply.
Amenities That Point to a Community-Oriented Product
| Category | Amenities |
|---|---|
| Wellness & Fitness | Indoor Swimming Pool, Gymnasium |
| Outdoor & Green | Landscaped Gardens, Children's Play Area |
| Community & Social | Community Hall, Restaurants |
| Security | CCTV Security |
The indoor pool is a practical feature in a climate where outdoor swimming becomes difficult for several months of the year. The Community Hall and on-site restaurants suggest the developer is targeting residents who want social infrastructure rather than just a place to sleep. The Children's Play Area combined with 3BR floor plates indicates a family buyer is a deliberate part of the target mix.
Getting In at 20%: The Payment Schedule
| Phase | Percentage |
|---|---|
| Down payment | 20% |
| During construction | 65% |
| At handover | 35% |
The 20% down payment is required at signing. With construction just started and handover 22 months away, the construction-linked instalments give buyers time to manage cash flow across the build period. The full balance clears at handover, so buyers should plan for the 35% final payment without a post-handover buffer period.
Two Years to Handover
Construction began August 2026. The scheduled completion is June 2028, giving an off-plan buyer roughly 22 months before receiving keys. That timeline suits buyers who want to lock in today's price while retaining flexibility for another year and a half before committing fully.